Bitcoin Outperforms as a Premier Investment Asset November 13th saw Bitcoin reach $16,415. A magnitude not reached since the infamous 2017 bull run. With prices of this level now coming in to play, Bitcoin is further cementing itself as one of the best operating assets and is continually outperforming the ‘safe haven’ investments we all...Continue Reading
This week we cover: Why Bitcoin’s rally will slow down Altseason Trump vs Biden? Bitcoin effects How to make money with Bitcoin? Fear, Greed & Mentality Why a Bitcoin rally will slow down Ethereum & Altseason This week has seen many communities/traders expressing their thoughts on the future of altcoins on the back of the...Continue Reading
Join the Bitcoin Surge In March Bitcoin was trading at $3,880. Fast forward 8 months and we are now seeing BTC on its way to reaching ALL TIME HIGHS and currently trading at $15,735. Bitcoins price has touched it’s highest levels in 33 months and had a move upwards of 12% over the past 24...Continue Reading
BLOCKFI CHASING INSTITUTIONAL INVESTORS BlockFi is a cryptocurrency lending start-up that raised $18.3 million USD in series A funding back in August of this year. Among the funding parties, contributions were made by Winklevoss capital, Galaxy Digital and Morgan Creek. BTCMANAGER reported this week, BlockFi is intending to launch Institutional Services, a new platform specifically...Continue Reading
MiningStore’s Weekly Rundown A SLOW WEEK WITH NEW OPPORTUNITY In Australia, how Bitcoin mining is taxed depends on whether you mine as a hobby or as a business. The Australian Taxation Office treats business mining rewards as ordinary income when received, while hobby miners are generally taxed under capital gains rules on disposal. Either way,...Continue Reading
What is Bitcoin? Bitcoin is a form of electronic cash that can be sent directly from one user to another without an intermediary. It was invented by an unknown person or group using the name Satoshi Nakamoto and released as open-source software in 2009, as set out in the Bitcoin whitepaper at bitcoin.org. Bitcoin uses...Continue Reading
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